Lingvist is revolutionizing language learning with a fast, efficient, and personalized experience. The company, founded in 2012 in Estonia, aims to unlock the power of communication by providing the most efficient language learning tool for modern learners. With its roots tracing back to CERN, where machine learning algorithms were leveraged to create the Lingvist prototype, the project gained momentum with the addition of the leader of Skype's core technology team as a co-founder and CTO. As a TechStars London alumnus, Lingvist has garnered investments from prominent names such as Skype founder Jaan Tallinn, TechStars, Smartcap, and Inventure. The startup has also secured €1.6 million in EU funding under the Horizon 2020 scheme and raised $12 million in Series A funding led by Rakuten, Rubio Impact Ventures, and Rockaway Capital. Lingvist's focus on Big Data and Education makes it an attractive prospect for investors seeking opportunities in the fast-growing EdTech market. With its recent €5.10M Venture Round investment from Rubio Impact Ventures, Ballpark Ventures, Metaplanet Holdings, Rockaway Capital, and Rockaway Ventures at 27 October 2021, Lingvist continues to be an ideal solution for individuals and companies looking to learn languages efficiently and improve language proficiency.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | €5.10M | 5 | 27 Oct 2021 | |
Venture Round | $120.00K | 1 | 15 Jun 2020 | |
Venture Round | Unknown | 1 | 28 Jan 2016 | |
Series A | $8.00M | 6 | Rakuten, Jaan Tallinn +1 | 10 Nov 2015 |
Grant | €1.56M | 1 | EASME - EU Executive Agency for SMEs | 01 May 2015 |
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